BofA Will Dissolve Merrill Lynch Unit While Keeping Name

Merrill Lynch & Co., the 99-year-old firm known for its “thundering herd” of brokers pitching stocks to Main Street, may cease to exist as a legal entity more than four years after being acquired by Bank of America Corp. While Bank of America will keep the Merrill Lynch brand for its retail brok…

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BofA Will Dissolve Merrill Lynch Unit While Keeping Name